Saudi oil output rises near pre-war levels as OPEC+ production climbs
Saudi Arabia has raised crude oil production to its highest level in months, according to an OPEC report released on Wednesday. The increase comes despite continued shipping disruptions linked to the Iran war, which earlier this year shook global energy markets. The report said Saudi output in October reached 10.563 million barrels per day, while total OPEC+ production also rose sharply.The monthly report said Saudi production was up by more than two million barrels per day from September. It also put OPEC+ output at 41.23 million barrels per day in October, an increase of about 2.04 million barrels per day... [Continue Reading]
360LiveNews | 11 Nov 2026 21:29 LONDON
More from 360LiveNews Opinion
European markets close higher as DAX leads, Brent and gold slide on shifting risk sentiment
Executive summary: European equities finished firmly in the green, led by a 2.0% jump in Germany’s DAX, while the FTSE 100, CAC 40 and Euro Stoxx 50 also advanced. The session was marked by a sharp drop in Brent crude, a retreat in gold and silver, and a weaker euro and pound against the dollar. Natural gas was the standout commodity winner, surging more than 10%, while Ether fell nearly 9.6% and added to the day’s risk-off tone in parts of the digital asset market. [Continue Reading]
360LiveNews Markets Intelligence | 10 Nov 2026 16:45 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]
360LiveNews-Opinion | 18 Feb 2026 17:11 LONDON
As an Amazon Associate we earn from qualifying purchases.
